Property profile

5321 Maine St Lake Worth, FL 33461

FOR SALE
Residential land & home lots
Property ID
US19-0437267
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Property summary

AI-generated overview

Prime Multi-Family Development Opportunity - 5321 Maines Street This 1.81-acre lot is zoned Multi-Family Urban Fill, making it a prime investment for high-density residential development. The site comes with an approved site plan for 88 one-bedroom, one-bathroom units and 4 two-bedroom, one-bathroom units, maximizing its potential. Located in a rapidly growing urban area, this property offers excellent access to amenities and infrastructure. A rare opportunity for developers seeking a turnkey project in a strong rental market! bikeScore: 41, Somewhat Bikeable walkScore: 12, Car-Dependent

Property profile

Verified
Property type Residential land & home lots
UPID US19-0437267

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5321 Maine St Lake Worth, FL 33461
Lake Worth metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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